SKILL ACQUSITION IN BUSINESS EDUCATION: A VERITABLE TOOL FOR SUSTAINABLE NATIONAL DEVELOPMENT

Abstract

National Economy has been affected by recession owing to corona virus disease (covid-19), insecurity, ethical differences , fall price of oil, kidnapping, armed robbery, political influence and other social ills.  This has caused excessive importation of goods, borrowing and low investment inflow. The study focused on ways of reshaping the economy through skill acquisition in business education as veritable tools for sustainable national development.  The study discussed the concept of skill acquisition, business education and sustainable national development, types of skill acquisition available in business education, importance and challenges of skill acquisition and sustainable national development.  The paper concluded that business education which is an essential part of vocational and technical education in Nigeria has remained relevant in equipping individual with skills needed to approach in the changing labour market and dual knowledge that help them to be producers of goods and services and also users of such goods in the society.  Therefore, the skills acquired by business education graduates would help them to perform well in the place of work and make them self reliant.  It was recommended that educational administrators should engage personnel with vocational skills to teach practical courses so that the training will geared towards preparing skilled manpower.  There is also need for establishment of more entrepreneurship and marketing skill acquisition centers to help the graduates to market their goods and services.